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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: Neil Irwin who wrote (1833)	10/19/1998 12:27:00 PM
From: David in Ontario	Read Replies (2) \| Respond to of 2444

Hi Neil: My last post for the week - away till next Sunday PM. Yes - it is important to verify the numbers that the company provides. I take the 20% to be an average growth rate. It's a random variable and therefore for September and October sales - using your figures, I would have given $160,000 for September and $195,000 for October. It's good to know that you feel comfortable with the numbers - we all should. We also need to check those figures against upcoming quarterly reports and the annual report - to verify if what they said at the time was indeed the case. I have no reason to doubt them, and so far so good. I recall from a post a while back that AL said the auditors were going over the numbers in preparation for the release of the annual sales figures and the most recent unreported quarter. AL gave a probable release time for the annual sales numbers for sometime in December. I know that it's a pain to have to wait until then, but we will have one or more News releases before then. I just don't have the time of late to do any DD. It's great to have another sleuth to add to the small number who do take the time and effort to do that work and post. A relative newcomer is 'pud' on the Stockhouse NIR thread who has been doing some very good DD. Looking forward to 1999. David.